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Updated over 5 years ago on . Most recent reply

User Stats

571
Posts
221
Votes
Stephen S.
  • Wholesaler
  • Holiday, FL
221
Votes |
571
Posts

How can I un-own a property ?

Stephen S.
  • Wholesaler
  • Holiday, FL
Posted

I own an now long since abandoned house in NJ.  There was no mortgage but the taxes and W/S bills now far exceed any possible value of the property.  The town used to clean up the property and then put a lien on the property for the costs.  This proving generally ineffective to their purposes - they have adopted an alternative tactic now.  Now they do nothing but demand that the owner clean up the house, repaint it, and etc.  And then if the owner doesn't do it they issue a 'ticket' - which results in a summons to appear in municipal court, where the judge then revokes the owners driver's license.

My question is:  can I form a land trust or other entity, sell the subject property to the created entity, and then just let them chase that phantom?  Who, after all;  even if they do ever catch them, will not be at all inconvenienced by having it's driving privileges revoked in the state of new jersey.

Or can you all think of any alternative resolution to this issue?

stephen

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Most Popular Reply

User Stats

2,039
Posts
1,303
Votes
Jean Bolger
  • Aurora, CO
1,303
Votes |
2,039
Posts
Jean Bolger
  • Aurora, CO
Replied

@Account Closed that is an uncalled for attack. Have you actually read this thread? do you know the area and the circumstances? To say that this property is unsaleable due to Stephen's being "unaccountable" is to ignore pretty much every relevant detail.

  • Jean Bolger
  • Loading replies...